PodcastOne (PODC) Director D. Jonathan Merriman Buys 7,700 Shares

What Happened
D. Jonathan Merriman, a director of PodcastOne, reported an open-market purchase of 7,700 shares on 2026-09-16 at $2.30 per share, for a total cost of $17,710. This was a straight purchase (transaction code P), which is a direct buy rather than a sale or option exercise.

Key Details

• Transaction date: 2026-09-16
• Filing date: 2026-09-18 (appears to be timely)
• Price: $2.30 per share
• Shares purchased: 7,700 — total value $17,710
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes of note:
  • F1: Some shares are held by the D. Jonathan and Odile Merriman Family Trust; Merriman is a trustee with shared voting/dispositive power and disclaims beneficial ownership except for his pecuniary interest.
  • F2: Some shares are in a custodial account for his son under the Uniform Transfers to Minors Act; Merriman, as custodian, has voting/dispositive power and disclaims beneficial ownership except for his pecuniary interest.
• Transaction type: Open-market/private purchase (code P). No option exercise, gift, or tax-withholding reported.

Context
Insider purchases can be a useful data point for investors since they reflect a director putting personal funds into the company, but they do not guarantee future stock performance. The filing shows this single modest purchase and notes holdings tied to a family trust and a custodial account; the filing does not provide a complete post-transaction ownership total. Consider this activity alongside other insider transactions and company fundamentals before drawing conclusions.